Compliance & Regulation
Firms reported for oppressive “pre-emptive” NDAs imposed on actors
Law firms at the heart of forcing oppressive non-disclosure agreements on actors have been reported to the Solicitors Regulation Authority, it emerged yesterday.
SRA issues fines exceeding £55,000 for AML compliance breaches
The Solicitors Regulation Authority has handed out more than £55,000 in fines to firms and individual lawyers for breaches of anti-money laundering requirements.
Bar Council warns regulator over plans for chambers
The Bar Council has warned the Bar Standards Board not to go too far in its oversight of chambers and said its idea of encouraging smaller sets to merge is “inappropriate”.
Management consultant to take helm of Legal Services Consumer Panel
A management consultant with significant retail and healthcare experience has been named as the new chair of the Legal Services Consumer Panel.
Rush to meet end of SDLT holiday caused solicitor to let down client
A conveyancer who forgot to put in place a declaration of trust on the ownership of a property in the rush to beat the stamp duty holiday deadline in 2021 has been rebuked.
Solicitor rebuked for making direct approaches to potential clients
A solicitor who contacted hundreds of people on a spreadsheet he was accidentally sent to ask if they wanted to bring data protection claims over the error has been rebuked.
Law firm secretary banned after county lines drug gang conviction
A legal secretary convicted of offences to supply class A drugs due to her involvement in a county lines gang has been banned from working in the solicitors’ profession.
Campaign group calls on lawyers to join push for NDA law reform
A campaign group has urged the legal profession to support legislative reform to stop the abuse of non-disclosure agreements.
Partner used colleague’s signature on statements of truth
A partner who signed statements of truth in six cases using an absent assistant solicitor’s signature has been handed a short suspension.
CMCs warned over using FCA badge to boost unregulated work
Claims management companies have been warned to stop using their Financial Conduct Authority authorisation to lend credibility to their unregulated activities.
Blog
Why onboarding has become a strategic priority for law firms
One of the most influential stages of the client journey – client onboarding – often receives less strategic attention than it deserves.
Why law firms are getting AI supervision wrong
The profession’s response to AI supervision failures misunderstands the nature of LLM output – there needs to be for a shift in the culture.
Beyond the PII premium – rethinking risk
Professional indemnity insurance renewal is often treated as an annual pricing exercise. But it is also a chance to show how effectively you identify, manage and mitigate risk.
Reports
Associates
